To: Robert and Eva Johnson and their attorney from Thompson and Bogran:
I just want to thank you for having this meeting and thank your law firm. The
gentleman speaking at the meeting was very informative and had excellent advise
about our case. It was a bit hard to hear on the phone, but we could get most
of what was being said. I hope there is a recap that can be sent to everyone
also.
I would like to add that I just had an interview this morning with Robert
Kondrat from the Washington Securities Commission and they are already
investigating this case. I know Trey is following up with him by phone and I
am sure he will be getting information from more of the investors as time goes
on. He said if anyone would like to write up a chronological story of they
investment or personal relationship with American Equities or any of it’s
employees, that would be helpful. His email is: Robert.Kondrat@xxxxxxxxxx 360
902-0503.
The most important thing I got out of this is that we are going to have to
fight for our money back. I believe the attorney’s involved so far really want
to work for us and feel confident in our case. It is going to be necessary to
get a larger law firm to head things up, but the other attorneys can still
contribute. We are going to have to trust them and be in it for the long haul.
At lease we have some hope. With the receivership and their high fees we will
be lucky to get 10% of our money back.
Myself and my mother are on board to contribute the $5000 each and feel this
is not a substancial amount for what our recovery should be. It is so
important for everyone that can contribute to do so quickly so they can start
discovery on the assets before they are not recoverable. We do not want to
give Ross and company more time to plan for this. After the August 2nd court
date we should have a direction for proceeding and we need to all stand
together in this lawsuit. I would like to ask that the attorney’s fees be
recovered in the lawsuit and damages over and above our investments for loss
interest and stress. I believe the elderly abuse should be considered also.
I think a letter will go out telling us what to do and where to send the money
for a lawsuit. If even ½ of the investors can contribute we should be in good
shape. Hamstreet is already asking for approx. $173,000 for 1-2 months and it
has only been a month so paying our own attorneys is going to be much cheaper.
We do not want a fire sale. There is still money coming in from properties
that could be utilized to pay us back if we don’t have to pay them all out to a
receiver and their attorney. I was told by Hamstreet that there was around
$100,000 in the bank and about that much coming in monthly from property
payments at this time.
Thank you again for these efforts to help all the investors to band together.
Belinda Franke
580 364-6592
From: aem-vanc-bounce@xxxxxxxxxxxxx [mailto:aem-vanc-bounce@xxxxxxxxxxxxx] On ;
Behalf Of Robert Johnson
Sent: Wednesday, July 24, 2019 11:47 AM
To: aem-vanc@xxxxxxxxxxxxx
Subject: [aem-vanc] REMINDER-American Equities/Eagle meeting—Thursday, July 25,
2019
REMINDER
Dear American Eagle Mortgage investors,
My name is Robert Johnson. My wife Eva and I wrote to you previously to gauge
interest in a lawsuit against the individuals responsible for the American
Eagle Mortgage debacle. We have received inquiries from several of you and
believe there is sufficient interest to go ahead with a meeting to explore our
legal options.
The meeting is scheduled for July 25, 2019 from 4:00pm to 7:00pm at the Oregon
State Bar, 16037 SW Upper Boones Ferry Rd., Tigard, OR 97224, Columbia Suite.
We want to address several points:
1) Selection of a legal team
2) Legal options available (presented by our legal experts)
3) How to collectively reach out to law enforcement, and other federal and
state agencies.
4) Creation of a fund pool
If there is sufficient interest, we will be ready to move ahead immediately.
The scope of this project may require involving several law firms. We will
bring a representative from my legal team, Thompson and Bográn, PC. We
encourage you to bring your own counsel if you have one as well. One important
area we all must address during this meeting will be anticipated costs and
expenses (which would necessarily include attorney fees, legal filing fees,
depositions and other reasonable legal costs) that would likely be incurred
over the course of any litigation. As you might expect, such costs would be
onerous if incurred individually. That is why we wish to discuss during the
meeting, the creation of a general fund pool to which we would all contribute
to cover the legal fees and other costs mentioned above. To this end, please
bring a list of the AE pools you belong to and how much you are owed in each.
Your latest statements or 1099’s would be most beneficial.
We look forward to seeing you at the meeting.
Sincerely,
Rob and Eva Johnson
Sent from Rob's iPad